Global Occlusion Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Occlusion Removal Devices, Embolization Devices, and Support Devices.

By Application;

Neurology, Cardiology, Peripheral Vascular Diseases, and Others.

By End User;

Hospitals & Clinics, Surgical Centers, Diagnostic Centers, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn549081275 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Occlusion Devices Market (USD Million), 2021 - 2031

In the year 2024, the Global Occlusion Devices Market was valued at USD 3,395.76 million. The size of this market is expected to increase to USD 4,810.12 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.1%.

The global occlusion devices market has emerged as a crucial component within the realm of interventional cardiology and neurovascular procedures. These devices play a pivotal role in the treatment of various cardiovascular and neurological conditions by occluding abnormal blood vessels or closing off undesired channels within the vascular system. With the rising prevalence of cardiovascular diseases and neurovascular disorders worldwide, there has been a substantial increase in the demand for occlusion devices. Additionally, advancements in technology, such as the development of innovative materials and minimally invasive techniques, have further fueled market growth.

One of the key drivers propelling the growth of the occlusion devices market is the increasing adoption of minimally invasive procedures. Patients and healthcare providers alike are increasingly opting for minimally invasive techniques due to their benefits such as reduced recovery times, shorter hospital stays, and lower risk of complications compared to traditional surgical approaches. This trend has led to a surge in the demand for occlusion devices, as they are integral to many minimally invasive procedures, including embolization and closure of atrial septal defects (ASDs) and patent foramen ovale (PFO).

The growing geriatric population, coupled with the rising prevalence of chronic diseases such as hypertension, diabetes, and obesity, has contributed to the expanding market for occlusion devices. Elderly individuals are more prone to cardiovascular and neurovascular conditions, thus driving the need for interventions such as occlusion procedures. Furthermore, favorable reimbursement policies for these procedures in many developed countries have facilitated market growth by increasing patient access to occlusion devices.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Occlusion Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing prevalence of cardiovascular diseases
        2. Growing demand for minimally invasive surgical procedures
      2. Restraints
        1. Stringent regulatory requirements
        2. High cost associated with occlusion devices
      3. Opportunities
        1. Technological advancements in occlusion device design
        2. Rising adoption of occlusion devices in emerging market
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Occlusion Devices Market, By Product, 2021 - 2031 (USD Million)
      1. Occlusion Removal Devices
      2. Embolization Devices
      3. Support Devices
    2. Global Occlusion Devices Market, By Application, 2021 - 2031 (USD Million)
      1. Neurology
      2. Cardiology
      3. Peripheral Vascular Diseases
      4. Others
    3. Global Occlusion Devices Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals & Clinics
      2. Surgical Centers
      3. Diagnostic Centers
      4. Others
    4. Global Occlusion Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Medtronic plc
      2. Boston Scientific Corporation
      3. Terumo Corporation
      4. Penumbra, Inc.
      5. Stryker Corporation
      6. Cook Medical LLC
      7. Abbott Laboratories
      8. Johnson & Johnson (Cerenovus)
      9. Cardinal Health, Inc.
      10. Balt Extrusion
  7. Analyst Views
  8. Future Outlook of the Market